HD Map for Autonomous Driving market was valued at US$ 2035.9 million in 2022 and is anticipated to reach US$ 24030 million by 2029, witnessing a CAGR of 50.9% - Valuates Reports

HD Map for Autonomous Driving market was valued at US$ 2035.9 million in 2022 and is anticipated to reach US$ 24030 million by 2029, witnessing a CAGR of 50.9% during the forecast period 2023-2029.

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A high-definition map (HD map) is a highly accurate map used in autonomous driving, containing details not normally present on traditional maps. HD maps contain information about the exact positions of pedestrian crossings, traffic lights/signs, barriers and more. This is necessary for autonomous driving. The HD Map for Autonomous Driving market covers Crowdsourcing Model and Centralized Mode. The typical players include Here, TomTom, Google, Alibaba (AutoNavi), Navinfo, Mobieye, Baidu, Dynamic Map Platform (DMP), NVIDIA, Sanborn,etc.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of HD map for autonomous driving include Here, TomTom, Google, Alibaba (AutoNavi), etc. Global top five manufacturers hold a share over 80%. In terms of product, crowdsourcing model is the largest segment, with a share over 72%. And in terms of application, the largest application is L1/L2+ driving automation, with a share over 99%.

This report aims to provide a comprehensive presentation of the global market for HD Map for Autonomous Driving, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HD Map for Autonomous Driving.
The HD Map for Autonomous Driving market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global HD Map for Autonomous Driving market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HD Map for Autonomous Driving companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Crowdsourcing Model
Centralized Mode

Segment by Application
L1/L2+ Driving Automation
L3 Driving Automation
Others

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